Tom Coburn: “The reason they are set up in offshore is to eliminate that corporate…”

On the recordJanuary 25, 2012

The reason they are set up in offshore is to eliminate that corporate tax on those trades, correct?

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Republican · Oklahoma

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Coburn questions the offshore setup of mutual funds to avoid corporate taxes.

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Well, actually, if you use Amazon you are using the Postal Service.

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That is not partisan. That is just due to the fact that there is not a commitment to reconciliation and working together to get things done.

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Tom Coburn: “The reason they are set up in offshore is to eliminate that corporate tax on those trades, correct?”